Welcome to our dedicated page for Enpro news (Ticker: NPO), a resource for investors and traders seeking the latest updates and insights on Enpro stock.
Enpro Inc. (NYSE: NPO) is an industrial technology company focused on critical applications across end-markets such as semiconductor, industrial process, commercial vehicle, sustainable power generation, aerospace, food and pharma, photonics, and life sciences. This news page aggregates company announcements, earnings releases, acquisition updates, and other material events related to Enpro.
Recent press releases highlight Enpro’s execution of its Enpro 3.0 strategy, including agreements and completed transactions to acquire AlpHa Measurement Solutions and Overlook Industries within the Sealing Technologies segment. These acquisitions expand Enpro’s capabilities in liquid analytical sensing technologies, compositional analysis, and single-use componentry for biopharmaceutical production processes.
Investors and followers of NPO news can review quarterly earnings releases that discuss segment performance in Sealing Technologies and Advanced Surface Technologies, including trends in aerospace and food and pharma demand, precision cleaning, optical coatings, and certain semiconductor tools and assemblies. News items also cover capital structure developments such as senior notes offerings, credit facility amendments, and regular quarterly dividend declarations.
In addition, Enpro’s news includes announcements of upcoming earnings release dates and conference calls, where management discusses financial results and provides updates on guidance and strategic initiatives. By monitoring this page, users can access a consolidated view of Enpro’s public communications, from operational performance and end-market dynamics to portfolio developments and corporate governance disclosures.
Enpro (NYSE: NPO) has announced its participation in the upcoming Sidoti December Small Cap Conference. The company's Executive Vice President and CFO, Joe Bruderek, will deliver a virtual presentation on Thursday, December 5, 2024, at 1:45 p.m. Eastern Time. Interested parties can access the webcast presentation through Enpro's official website at enpro.com.
Enpro (NYSE: NPO) has appointed Allison K. Aden to its Board of Directors. Aden brings 30 years of finance experience and currently serves as Executive Vice President and CFO of Cavco Industries. Her expertise spans accounting, financial reporting, corporate strategy, M&A, IT, and cybersecurity across manufacturing, information technology, financial services, and commercial real estate sectors. At Cavco, she leads M&A efforts and oversees financial operations while playing a key role in strategic direction.
Enpro (NYSE: NPO) has announced a quarterly dividend of $0.30 per share. The dividend will be paid on December 18, 2024, to shareholders who are on record as of December 4, 2024. This regular quarterly dividend announcement demonstrates the company's continued commitment to providing returns to its shareholders.
Enpro Inc. (NYSE: NPO) has announced the date for its third quarter 2024 earnings release and conference call. The company will release its financial results on Tuesday, November 5, at 6:30 a.m. Eastern Time. A conference call to review the company's performance will be hosted by Eric Vaillancourt, President and CEO, and Joe Bruderek, Executive VP and CFO, at 8:30 a.m. Eastern Time.
The conference call will be accessible via webcast on the company's website at http://www.enpro.com and by telephone at 1-877-407-0832, using the access code 13735653. Interested parties should join approximately 10 minutes before the call. The third quarter 2024 financial results and accompanying slide presentation will be available on Enpro's website.
Enpro announced its Q2 2024 financial results with sales of $271.9 million, down 1.8% year-over-year, and organic sales down 5.0%. The company reported GAAP income from continuing operations of $26.7 million, reversing a loss of $18.6 million last year.
Adjusted EBITDA increased 14.0% to $74.0 million, while GAAP diluted EPS was $1.27, compared to a loss of $0.89 per share in Q2 2023. Adjusted diluted EPS rose 13.7% to $2.08.
The Sealing Technologies segment saw sales rise 4.1% to $184.0 million, boosting adjusted EBITDA by 16.2%. However, Advanced Surface Technologies sales dropped 12.2% to $88.1 million, with a 20.7% decrease in adjusted EBITDA.
For 2024, Enpro narrowed its guidance, projecting adjusted EBITDA between $260-$270 million and adjusted diluted EPS between $7.00-$7.60. Revenue is expected to remain flat.
Enpro (NYSE: NPO) has announced a quarterly dividend of $0.30 per share. The dividend will be paid on September 18, 2024, to shareholders of record as of the close of business on September 4, 2024. This regular dividend declaration demonstrates Enpro's commitment to returning value to its shareholders and maintaining a consistent dividend policy. The announcement provides clarity on the company's short-term financial plans and may be of interest to income-focused investors.
Enpro Inc. (NYSE: NPO) has announced the date for its second quarter 2024 earnings release and conference call. The company will release its financial results on Tuesday, August 6, at 6:30 a.m. Eastern Time. A conference call to review the company's performance will be hosted by Eric Vaillancourt, President and CEO, and Joe Bruderek, Executive VP and CFO, at 8:30 a.m. Eastern Time.
The conference call will be accessible via webcast on the company's website and by telephone. Investors can join the call using the access code 13735651. The financial results and accompanying slide presentation will be available on Enpro's website prior to the call.
Enpro Inc. (NYSE: NPO) reported its First Quarter 2024 Results, with sales of $257.5 million down 8.9% compared to the prior-year period. GAAP income from continuing operations was $12.5 million, Adjusted EBITDA down 14.9% to $58.4 million, and adjusted diluted earnings per share from continuing operations down 19.5% to $1.57. The acquisition of AMI was completed in January 2024. Full year 2024 guidance includes revenue growth of low-to-mid single digits, adjusted EBITDA of $260-$280 million, and adjusted diluted earnings per share in the range of $7.00 to $7.80.
Enpro Inc. (NYSE: NPO) has announced a regular quarterly dividend of $0.30 per share payable on June 20, 2024, to shareholders of record as of June 5, 2024.
Enpro Inc. (NYSE: NPO) will be presenting at the Oppenheimer 19th Annual Industrial Growth Conference on May 9, 2024. The presentation will be conducted virtually by the President, CEO, and CFO at 9:00 a.m. Eastern Time.
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